Clean Energy Firms Have Moment in the Sun

Spurred by severe energy shortages and oil price volatility, private equity firms in countries such as India and China are looking to invest in renewable energy and energy-efficient projects. An industry specialist quoted in the Economic Times of India describes the impetus: “Oil is scarce and access is limited to a select few, while alternative energy is freely available."

Private equity firms have noted the trend and, in India, the latest investments have been in windmill and wind power technologies, among others.